What is the project about?
Web3 provides young individuals – regardless of job position – the ability to become an expert in this growing field without having to climb the decades-long latter to reach a level where you can contribute meaningfully to a company or specific field of work. The smartest people in the world are moving into Web3 – exiting FANG companies – and joining crypto companies or DAOs.

What makes your project unique?
Connex aims to build a permissionless, open, and collaborative Web3 professional network. The CONX token is an essential component to such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Connex ecosystem. 
Connex is designed to reward high integrity and proof of fraud. CONX tokens are used to reward the platform users. CONX can be used for rewarding people who upload their CVs with high quality, or reward people who get most viewed and liked. The amount of CONX tokens rewarded will be determined through the voting and governance feature of the platform. People who create circles on Connex and share their valuable views about the circle topics are also welcomed by the platform.

What can your token be used for?
Pay for Subscription
CONX is paid in exchange for subscribing a company or subscribe a SME in the field for talent recruitment and hiring purposes. This would allow them to view and like the CVs uploaded by users of Connex.
Pay for Credential
CONX is paid in exchange for viewing personal on-chain and off-chain credentials of the users. Companies and SMEs may identify their candidates more easily and accurately with the platform’s on-chain and off-chain labels.
Pay for Circle
CONX is used for entering a professional circle, where they may share their valuable views on Circle topics. Users who share their views on Circle will be rewarded with CONX tokens. The amount of CONX tokens rewarded will be determined by tokenholders through the voting and governance feature of the Platform.
Pay for Exposure
CONX is used for a better exposure of a company or people. Companies or SMEs may use their subscription of the Platform for marketing and branding purposes, such as to increase their exposure to users and to build their brands by providing users with details of their respective companies, including their products and services, vision and mission statements, job vacancy descriptions, reasons for joining their respective companies etc.
Governance
CONX is used for voting & governance in Connex DAO, including voting on the fees to be paid by users, companies and SMEs to use the platform, the subscription fee to create and enter the Circle, the use of the tokens in the Community Treasure and the accuracy of a job or CV.
Integrity Assessment
CONX can be staked against any job or credential on the platform to ensure and vouch for the credibility of the job or CVs for an exposure period. If the credibility of the job or CV is not challenged, then the tokenholder who staked the CONX tokens will be rewarded with more CONX tokens. However, if the credibility of the job or CV is challenged and the information therein is proved to be inaccurate, then the staked token will be burnt. The determination of the accuracy of the job or CV is conducted on-chain through the voting and governance feature of the Platform. While there may be plans to reward successful challengers of such job or CVs, and earn CONX tokens for such participation, this is in the process of being established and is currently not a feature of the platform. For the avoidance of doubt, the CONX tokens do not confer upon tokenholders any right to rewards by virtue of their holding of the CONX tokens only, but is a right to vouch for the credibility of a specific job or credentials on the platform on staking of the CONX tokens which, in turn, grants right to rewards on determination of the credibility of such job or credentials based on the exercise of voting rights and participation in platform governance by the tokenholders after their staking of the CONX tokens.
Community Treasure
20% of the total supply of the token will be distributed to the Community Treasure, which is intended to be used to reward users who boost the platform’s growth and usage. For example, users will be rewarded when they recommend their friends, who have the capability and who are willing to work in the Web3 industry, to use the platform. Users who suggest new platform features to boost platform usage and smoothen the integration between the platform and other major talent hiring sites will also be rewarded. The amount of CONX tokens rewarded or decision on whether to adopt the new platform features will be determined by tokenholders through the voting and governance feature of the platform.


Connex

BNB Smart Chain (BEP20)

PancakeSwap

Trust Wallet Token

BinaryX

SafePal

Tranchess

HyperGPT

BlackCardCoin

Verum Coin

Games for a Living

Decubate

Unifi Protocol DAO

Altura

Alitas

MetFi

DOGITA

VaporFund

UbitEx

DexNet

MALOU

Bitcoin Dominica

MiL.k

dForce

Wrapped NXM (wNXM) is a 1-to-1 backed token that can only be generated by wrapping genuine NXM.

NXM can only be traded among Nexus Mutual members, while wNXM is fully tradable but can't be used at all within the Nexus Mutual protocol.

Wrapped NXM

Edge

Validity

Kryll

Everscale (EVER) is a fast and secure layer-one blockchain that aims to become a decentralized platform for high-performance applications with real-world relevance, such as Stablecoins, CBDCs, DEXes, Bridges, Gaming Platforms and more.

Everscale

Wrapped Astar

Peercoin, also known as PPC or Peer-to-Peer Coin, was created by Sunny King and his team and launched in August 2012. It is the first blockchain to implement Proof-of-Stake consensus.

The primary inspiration behind the creation of Peercoin was to address a number of perceived shortcomings of Bitcoin, including energy efficiency, security and sustainability, decentralization and long-term viability.

Essentially it was designed as an enhanced replacement for Bitcoin. As such, it was originally forked from Bitcoin and uses the same UTXO style blockchain. However, Peercoin's code was modified to introduce Proof-of-Stake as its primary consensus protocol. The next section explains how this makes for a better blockchain.

Given that Peercoin uses most of the same code, it can easily port new features from Bitcoin and utilize any of the supporting infrastructure, including tech advancements like Taproot or Lightning Network. Peercoin is the only Proof-of-Stake blockchain that uses modern Bitcoin code, making it the perfect drop-in replacement.

Peercoin also has a dedicated community, is actively developed, fairly distributed, has low barriers of participation, can do everything that Bitcoin does, minus the 13 TWh of energy usage, and it's not a scam.

Peercoin

Carbon Protocol

BitKan

Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.

Function X

FC Porto Fan Token (PORTO) is a fan token on the BEP-20 network. As a Binance fan token utility token, PORTO is designed to reward fans of FC Porto, a well-known football team that competes in the Portuguese Premier League.

FC Porto was founded in 1893 and is the second richest football team in Portugal, known for its huge fan base. The PORTO token launched on Nov. 6, 2021. By holding the PORTO token, fans can gain exposure to the football club’s activities by voting on decisions and gaining access to exclusive discounts and club rewards. The PORTO token also allows holders to collect rare non-fungible tokens (NFTs) and unlock fan badges through their engagement with the token.

FC Porto Fan Token

BytomDAO

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“We are very satisfied with this new international collaboration. Our partnership with Binance will allow us to extend our digital presence and connect with our fans and followers from all over the world like never before.”

One can expect the success of the fan token to track the performance of the players on the pitch, with wins boosting demand and, therefore, the price.

S.S. Lazio Fan Token

Multichain (MULTI), previously known as Anyswap, claims to be the ultimate router for web3 and has positioned itself as an infrastructure developed for arbitrary cross-chain interactions.

As claimed in their official documentation, Multichain offers solutions that enable nearly all blockchains to interconnect – regardless if it is EVM chains (e.g., Avalanche), Layer 2 chains tied to Ethereum (like Polygon), Parachains networks like Moonbeam on Polkadot, and so on.

Multichain is a prominent name in the cross-chain space, with a rapidly growing network of 26 chains, with Total Value Locked (TVL) reaching highs of over $10.45 billion, and a sustained daily volume of over $100 million. However, the onset of the bear market and recent news of Multichain CEO being uncontactable saw TVL dropping to $1.38B.

Multichain

VIDT DAO is a cutting-edge blockchain project that leverages timestamping technology to restore digital trust using its Web3 ecosystem. It operates as an open-source platform, using its unique blockchain technology to ensure the authenticity and integrity of data and documents. Using the VIDT DAO timestamping technology anybody can timestamp  any document or data, making its authenticity verifiable at any moment.

The core of VIDT DAO's offering is its $VIDT Utility Token, which facilitates the timestamping process. Each timestamp requires only 1 $VIDT, allowing all holders to seamlessly secure their digital documents. This simple yet powerful mechanism positions VIDT DAO as a vital player in the blockchain space, with over 25 real-life integrators already utilizing its technology.

VIDT DAO

Strike is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several markets supported by the platform.

When a user deposits tokens to a Strike market, they receive sTokens in return. These sTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive sETH in return. Over time, the exchange rate of these sTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Strike pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 80%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.